Glencore plc (LON:GLEN)
London · Delayed Price · Currency is GBP · Price in GBX 567.80
-5.80 (-1.01%)
May 29, 2026, 5:08 PM GMT
Glencore Stock Forecast
Stock Price Forecast
According to 19 analysts polled by S&P Global, Glencore stock has a consensus rating of "Buy" and an average price target of 607p. The average 1-year stock price forecast is 6.83% higher than the current stock price, while the lowest is 458p (-19.27%) and the highest is 678p (+19.38%).
Price Target: 607p (+6.83%)
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Glencore stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 8 | 9 | 9 | 10 | 10 |
| Buy | 5 | 4 | 4 | 4 | 4 | 4 |
| Hold | 5 | 4 | 6 | 6 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 18 | 16 | 19 | 19 | 19 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Deutsche Bank | Deutsche Bank | Buy Maintains 550p → 610p | Buy | Maintains | 550p → 610p | +7.43% | May 15, 2026 |
| J.P. Morgan | J.P. Morgan | Hold Maintains 460p → 500p | Hold | Maintains | 460p → 500p | -11.94% | May 1, 2026 |
Unknown Analyst Berenberg Bank No rating | Berenberg Bank | Buy Reiterates 630p | Buy | Reiterates | 630p | +10.95% | May 1, 2026 |
| Barclays | Barclays | Buy Maintains 550p → 625p | Buy | Maintains | 550p → 625p | +10.07% | May 1, 2026 |
| Goldman Sachs | Goldman Sachs | Hold Maintains 610p → 600p | Hold | Maintains | 610p → 600p | +5.67% | May 1, 2026 |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. The data is sourced from Wall Street analysts. Data sources.